EOG Resources loses $471.8 million in 1Q

Houston-headquartered EOG resources posted a $471.8 million net loss for the first quarter, according to financial information reported Thursday.

The loss amounted to 86 cents per diluted share.

Long-term debt stood at $7 billion. The company had $668.4 million in cash.

EOG produced 549.9 thousand barrels of oil equivalent per day, of which 483.6 thousand were produced in the U.S., 60.8 thousand in Trinidad and 5.5 thousand in other international areas, which include China, Canada, Argentina and the U.K.